XML 69 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 702.3 $ 11.9
Accounts receivable, net 555.7 408.5
Fair value of derivative contracts 0 0.2
Gas, oil and NGL inventories at lower of average cost or market 8.6 13.4
Deferred income taxes 50.7 30.6
Prepaid expenses and other 66.7 54.4
Total Current Assets 1,384.0 519.0
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 11,231.2 11,571.4
Unproved properties 1,120.1 665.1
Midstream field services 1,735.2 1,698.1
Marketing and other 92.1 85.5
Material and supplies 66.0 59.0
Total Property, Plant and Equipment 14,244.6 14,079.1
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 4,680.5 4,930.9
Midstream field services 441.1 409.7
Marketing and other 26.7 22.1
Total Accumulated Depreciation, Depletion and Amortization 5,148.3 5,362.7
Net Property, Plant and Equipment 9,096.3 8,716.4
Investment in unconsolidated affiliates 36.7 39.0
Fair value of derivative contracts 1.7 1.0
Restricted cash 0 50.0
Other noncurrent assets 44.1 51.4
TOTAL ASSETS 10,562.8 9,376.8
Current Liabilities    
Checks outstanding in excess of cash balances 5.7 90.9
Accounts payable and accrued expenses 692.6 434.9
Production and property taxes 65.7 51.8
Interest payable 37.1 37.2
Fair value of derivative contracts 109.3 26.7
Total Current Liabilities 910.4 641.5
Long-term debt 3,910.8 2,997.5
Deferred income taxes 1,597.6 1,560.6
Asset retirement obligations 188.5 191.8
Fair value of derivative contracts 16.1 0
Other long-term liabilities 113.5 108.6
Commitments and contingencies      
EQUITY    
Common stock - par value $0.01 per share; 500.0 million shares authorized; 180.8 million and 179.7 million shares issued, respectively 1.8 1.8
Treasury stock - 0.7 million and 0.4 million shares, respectively (23.0) (14.9)
Additional paid-in capital 518.0 498.4
Retained earnings 2,857.9 2,917.8
Accumulated other comprehensive loss (24.6) (26.5)
Total Common Shareholders' Equity 3,330.1 3,376.6
Noncontrolling interest 495.8 500.2
Total Equity 3,825.9 3,876.8
TOTAL LIABILITIES AND EQUITY $ 10,562.8 $ 9,376.8